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Copperfield

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Copperfield

Re: None

Monday, 07/05/2004 1:50:41 PM

Monday, July 05, 2004 1:50:41 PM

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Smolenskenergo EGM seals outsourcing Smolensk GRES, completes the 1st stage of OGK-4.

05 July 2004 19:25

Smolenskenergo EGM approved June 30 the company's reorganization by splitting off six mono-profile companies - Smolensk Generation Co., Smolensk Backbone Grid Co., Smolensk Energy Management Co., Smolenskenergosbyt sales company, Smolensk Energy Repair Co. and Smolensk GRES, sources with Smolenskenergo told AK&M.

Smolensk GRES is the last power plant split off from AO-Energo which is not 100% sub. of UES. It will be entered into the OGK-4 along with Shaturskaya GRES, Yaivinskaya GRES, Surgutskaya GRES-2, Berezovskaya GRES-1 (the last two powere plants are 100% owned by RAO UES).

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